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Helmerich & Payne HP Operating margin

Operating margin at other companies

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Patterson-UTI EnergyPTEN
-1.5%-0.7pp
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NOVA, Inc.NOV
4.5%-5.3pp
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TransoceanRIG
-18.7%+27.1pp
SM Energy logo
SM EnergySM
11.2%-28.2pp
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Liberty EnergyLBRT
1.9%-5.0pp
Schlumberger
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Schlumberger SLB
19.4%+2.6pp

Other financials

Income statement

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Revenue$932.4M-8.2%
Gross profit$271.2M-13.7%
Operating income-$36.9M-188%
Net income-$58.6M-3,643%
EPS (diluted)-$0.59-6,000%

Balance sheet

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Cash & equivalents$204.0M-16.7%
Total debt$2.0B-10.6%
Total equity$2.6B-13.8%
Total assets$6.3B-12.5%

Cash flow

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Operating cash flow$36.6M-34.7%
CapEx$62.9M-60.4%
Free cash flow$114.9M+121%

Valuation

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Market cap$3.49B+41.1%
Enterprise value$5.29B+19.0%
P/S0.9×+0.1×

Profitability

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Gross margin31.5%-5.8pp
Net margin-9.4%-16.5pp
FCF margin4.4%-3.0pp

Returns & leverage

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Return on equity-13.2%-20.7pp
Debt / equity0.8×0.0×
Current ratio1.7×0.0×

Where this comes from

Calculated from Helmerich & Payne’s reported figures.

Based on trailing twelve months.

The official record: Helmerich & Payne’s 10-Q, filed August 11, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Helmerich & Payne's operating margin?
Helmerich & Payne (HP) reported operating margin of 3.3% in Q2 2025.
How has Helmerich & Payne's operating margin changed year-over-year?
Helmerich & Payne's operating margin decreased by 80.1% year-over-year, from 16.5% to 3.3%.
What is the long-term trend for Helmerich & Payne's operating margin?
Over 4 years (2020 to 2024), Helmerich & Payne's operating margin has grown at a -17.1% compound annual growth rate (CAGR), from -35% to 16.5%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.